Annis Gardner Whiting Capital Advisors LLC Has $2.95 Million Holdings in Markel Group Inc. (NYSE:MKL)

Annis Gardner Whiting Capital Advisors LLC increased its stake in Markel Group Inc. (NYSE:MKL - Free Report) by 134.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,707 shares of the insurance provider's stock after acquiring an additional 979 shares during the quarter. Markel Group accounts for approximately 0.8% of Annis Gardner Whiting Capital Advisors LLC's portfolio, making the stock its 17th largest position. Annis Gardner Whiting Capital Advisors LLC's holdings in Markel Group were worth $2,947,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Benjamin Edwards Inc. bought a new stake in shares of Markel Group during the third quarter valued at about $762,000. Chevy Chase Trust Holdings LLC increased its stake in shares of Markel Group by 16.8% during the third quarter. Chevy Chase Trust Holdings LLC now owns 515 shares of the insurance provider's stock valued at $808,000 after buying an additional 74 shares during the period. Holocene Advisors LP raised its stake in Markel Group by 176.1% in the third quarter. Holocene Advisors LP now owns 2,811 shares of the insurance provider's stock worth $4,409,000 after buying an additional 1,793 shares in the last quarter. Investment Management Corp of Ontario lifted its position in Markel Group by 20.0% during the third quarter. Investment Management Corp of Ontario now owns 721 shares of the insurance provider's stock valued at $1,131,000 after buying an additional 120 shares during the period. Finally, Redwood Investment Management LLC grew its stake in shares of Markel Group by 4.1% in the 3rd quarter. Redwood Investment Management LLC now owns 921 shares of the insurance provider's stock worth $1,445,000 after buying an additional 36 shares during the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

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Insider Transactions at Markel Group

In other news, Director Steven A. Markel sold 88 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $1,860.03, for a total transaction of $163,682.64. Following the transaction, the director now directly owns 63,436 shares in the company, valued at $117,992,863.08. This represents a 0.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of the company's stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of $2,008.01 per share, with a total value of $200,801.00. Following the transaction, the chief executive officer now directly owns 48,945 shares of the company's stock, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders sold 2,034 shares of company stock worth $3,778,952. Company insiders own 1.71% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. StockNews.com lowered shares of Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada upped their price target on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $1,702.20.

Markel Group Price Performance

Shares of Markel Group stock traded down $44.61 on Monday, hitting $1,678.42. 80,967 shares of the company were exchanged, compared to its average volume of 47,839. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a 1-year low of $1,417.65 and a 1-year high of $2,063.68. The company has a 50-day moving average price of $1,868.94 and a 200 day moving average price of $1,739.97. The stock has a market capitalization of $21.43 billion, a price-to-earnings ratio of 8.43 and a beta of 0.70.

Markel Group (NYSE:MKL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $20.51 EPS for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. As a group, sell-side analysts predict that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Markel Group Company Profile

Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.